Biodiesel Market

The closing numbers

Trading in the physical and RINs markets remains slow.  RINs edged lower today, with the B17’s falling to 108 and the E17’s dropping to 84.25 cents.  The B17/E17 spread narrowed back to 24 cents.  The USDA updated their latest WASDE projections.  Soybean oil use was projected higher during the 2016/17 crop year by 50…